NewSat (ASX: NWT) is Australia’s largest specialist satellite communications company and specialises in global satellite communications providing tailored VSAT, teleport and satellite services to 75% of the earth’s surface.
NewSat (ASX: NWT) has signed a US$13 million contract to provide satellite transmission capacity over the Middle East.
The three year contract is with a leading United States based communications company which is a major supplier to the U.S. Government and large global enterprises.
Details of the client cannot be released, however it is an existing long-term NewSat teleport customer with growing business in the Middle East, where satellite bandwidth is scarce.
This agreement takes NewSat’s total binding pre-launch contracts to US$571 million.
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